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Land for sale

The Compton Estate, Newbury, Berkshire, RG20

Under Offer 1,999 ac. | £25,000,000

Property Description

Commercial information

  • 1,999.1 acres (809 hectares)

Key features

  • Substantial commercial farm
  • 18 dwellings
  • Six farmsteads
  • Commercial and ancillary properties
  • Development potential, subject to planning
  • Available as a whole or in 25 lots

Full description

Large commercial farm situated between the villages of East Ilsley and Compton
18 dwellings
Six farmsteads with extensive modern farm buildings
Commercial and ancillary properties
Development potential, subject to planning
IN ALL 1,999.08 ACRES (809.00 hectares)
Available as a whole or in lots.

Location

Whilst a rural area, the Estate is extremely accessible, with easy access to the A34, linking to the M4 just a few miles south. The historic village of Compton is mentioned in the doomsday book and retains traces of roman occupation. A flint walled parish church, post office, hotel and both a primary and secondary school are found within the village. There are strong links to both farming and horse racing locally. East Ilsley, which lies on the western boundary of the Estate and was historically famous as a training centre for racehorses and for its annual sheep fair. The village also offers a primary school, church and two public houses.

Description

Introduction
The Compton Estate is an attractive and substantial holding, set within the spectacular landscape of the North Wessex Downs Area of Outstanding Natural Beauty between Newbury and Oxford. Running to the north, south and west of Compton village, the land spans out as far as the village of East Ilsley. It is made up of predominantly arable farmland, interspersed with blocks of mature woodland and pasture land. In all, the Estate extends to 1,999.08 acres (809.00 hectares), of arable land, pasture land, woodland, extensive modern farm buildings, 18 residential properties, offices and amenity property.

Lot 1
(as shown pink on the sale plan)
Lot 1 covers approximately 889.57 acres (360.04 hectares) and comprises about 400.03 acres (161.89 hectares) of arable land, 204.88 acres (82.9 hectares) of pasture land, 185.54 acres (75.09 hectares) of restricted land and 63.80 acres (25.8 hectares) of woodland. It includes two farmsteads, Mayfield Farm and Cheseridge Farm:
Mayfield Farm is accessed off both the Ilsley Road to the north or Cheseridge Road to the east and was constructed in 2004 as a state of the art dairy unit. The principal four span livestock building has housing for 560 head of cattle across ten rows of cubicles with access to the collecting area and herringbone
parlour. In the north west corner of the dairy unit (above the basement tank room) are a range of offices and general welfare facilities with viewing areas over the cubicles and milking parlour. The farmstead also includes a calf unit, workshop and general storage barns suitable for modern machinery. Other buildings in Mayfield Farmyard include several older stock buildings to the north of the yard which are now used for storage, silage clamps and a redundant grain dryer facility. Due to the proximity to the village and the area allocated for development, the buildings and
immediate land is subject to the overage requirement.

To the south of Mayfield Farm lies Cheseridge Farm, in a more secluded area surrounded by pasture land and woodland, where the former livestock buildings are extensive but currently redundant. At the northern end of the farmyard near the entrance, is an area of hardstanding in front of a timber building and a six bay former cow building with 162 cubicles. Further east is a five bay timber cattle building with a further 118 cubicles. Leading south lies a stable block. An 'H' shaped former livestock building is located alongside the pasture land, with steel doors and access onto the yard. The old milking parlour is located centrally with office and timber storage space on the side bays. A larger barn with concrete walls and open sides is found to the far south and a brick barn used for storage to the far east. The buildings may allow potential to seek planning for a replacement residential dwelling in a secluded location with views down the valley. To the north west of Cheseridge Farm is Hill Barn Farm which includes a portal frame straw barn, two telephone masts let to Vodafone and Airwave mmO2 plus two water storage tanks (one is redundant) which store 50,000 litres from the borehole supply at Cheseridge to gravity feed to Mayfield buildings.

Lot 2 (as shown blue on the sale plan)
Located to the north of Ilsley Road, Lot 2 amounts to about 710.09 acres (287.37 hectares) with 653.55 acres of arable land, with 14.22 acres (5.75 hectares) of pasture land and 20.21 acres (8.18 hectares) of woodland. Lot 2 includes Ilsley Barn Farmyard which comprises a series of former livestock units and general purpose buildings, some of which are currently used for general storage purposes. Ilsley Barn Bungalow is situated south of the farmyard. Set within its own garden there are four bedrooms, two reception rooms, kitchen/dinner, bathroom and two WCs. The property is currently uninhabitable and in need of total renovation. To the north of the farm are several redundant isolation units that have potential for conversion as demonstrated with the previous conversion of the building in Lot 6. There is access to the Lot from Ilsley Road to the north west via a concrete road and Churn Road to the south. A borehole supplies water for the buildings and is located adjacent to the most northern building.

Lot 3 (as shown yellow on the sale plan)
Situated south east of East Ilsley, Lot 3 amounts to approximately 369.65 acres with 279.86 acres (113.26 hectares) of arable land, 82.7 acres (33.47 acres) of restricted land and 3.62 acres (1.46 hectares) of woodland. At the centre of the Lot is Bakers Barn which is a redundant red brick barn adjacent to the byway requiring complete renovation. Conversion to alternative use would be subject to planning but part appears to have previously been used for domestic purposes. Adjacent is a large hardstanding area and more modern portal framed barn. Due to the proximity to the village and the area allocated for development, part of this Lot is subject to the overage requirement.

Lot 4 (as shown dark blue on the sale plan)
Lot 4 is immediately adjacent to the western edge of Compton village. The total area is approximately 11.15 acres (4.51 Ha) which is predominantly pasture land, with a small yard, modern portal framed stock building and two older lower level stores, one of which (known as the Tick Building) is currently let to a commercial Tenant on a short term lease. Due to the proximity to the village and the area allocated for development, this Lot
is subject to the overage requirement. Field 3410 on the sale plan is let subject to an informal license to the neighboring property.

Lot 5 (as shown red on the sale plan)
A grass paddock on the eastern edge of East Ilsley, amounting to 4.83 acres (1.95 Ha) with road access directly off Ilsley Road to the north. Due to the proximity to the village, this Lot is subject to the overage requirement.

Lot 6
Sunrise Hill Yard.
An office building converted from a former converted livestock building and currently let on a long term lease until 2029. Included is the neighboring paddock where the tenant has erected a wind turbine.

Lot 7
Totalling 6.06 acres (2.45 acres) of primarily pasture land on the western edge of Compton, this Lot also includes the Scout Hut which is currently let to the Scout Association until 31st December 2041.

Lots 8 - 24 comprise various residential properties in and around Compton and East Ilsley. Details of these can be seen on the brochure (avaialble to download on the listing) or are listed separately online. Alternatively, please contact Savills.

Lot 25
Incorporates three areas totalling approximately 2.60 acres (1.05 Ha) within Compton. There are two are grassed amenity areas which are maintained by the Parish Council together with the southern section of the recreation ground which is leased to Compton Parish Council.


Acreage: 1999.08 Acres

Directions

From London take the M4 to junction 13 and then follow the A34
north towards Oxford. After 7 miles take the exit to Compton/East Ilsley and continue through East Ilsley onto the Ilsley Road towards Compton. Just over 1 mile from East Ilsley on the right hand side is a sign and the driveway for Mayfield Farm.


More information from this agent

Energy Performance Certificate (EPC) graphs

Listing History

Added on Rightmove:
30 September 2016

Map & Street View

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